Find out how Fakecalls works, the dangerous Trojan horse that enters your Android mobile to steal your bank details.
Knowing about the existence of the different Trojan horses is essential to be able to recognize them and thus not suffer the dangerous consequences. That’s why we want to tell you about Fakecalls, a dangerous virus that penetrates your Android mobile to steal your bank details through fake calls. To achieve this, it impersonates your bank, not only with phone calls, but also with an application that mimics the official one.
According to Kaspersky, this Trojan is even able to communicate with the victim by mimicking the appearance of a bank employee. The scam is so well executed that it is easy to fall for it and thus give her the private information she asks for, which could result in the loss of the money you have saved. Fortunately, Fakecalls is a “malware” that you can quickly recognize, we explain how.
Fakecalls, a dangerous Trojan that steals your bank details
Cybercriminals are increasingly able to create viruses that are more advanced and, above all, harder for the victim to detect. This is the case with Fakecalls, a Trojan horse that installs on Android phones in the form of a banking application. It is important to mention that this is a virus developed in South Korea, so it imitates the most popular banks in the country, such as Kookmin Bank and KakaoBank.
How is this trojan installed in the terminal? Cybercriminals distribute apps through third-party app stores, where users can download them thinking they are their banks’ official apps. Moreover, they can even sneak into the Google Play Store, an app store that users seem to trust.
The Fakecalls application is copied in every detail, the user can even find the official bank phone numbers. Once installed on the smartphone, the Trojan requests access to the most important components, such as the microphone, camera or phone application. For this reason, you should always carefully analyze the permissions requested by an application. If they don’t make sense, you should start to get suspicious.
Once installed, Fakecalls acts when the victim wants to contact their bank. The virus is able to interfere with the communication and display a fake call screen. This is where the cybercriminals communicate with the victim using pre-recorded phrases imitating the bank employee. In this way, they can ask for confidential bank account information and thus get their hands on the money in the account.
In addition to intercepting calls to the bank made by the user, Fakecalls can also send calls by replacing the number of the managers with the number of the bank branch. The call screen will be fake, but the victim will not notice because it is very similar to what they would see if the call was real.
The app and recorded phrases are in Korean so you can easily recognize the scam if your phone is set to a different language. However, Fakecalls can have a French or English knockoff, so you should always be aware if you find something strange in your communication with your bank.
In addition to impersonating your bank, this Trojan can also directly access information on your phone. For example, they can record microphone audio, record location and even control the operation of the device.
To avoid this dangerous situation, you can implement Microsoft’s 4 tips to prevent “malware” from affecting your Android mobile: always download applications from trusted sources, carefully monitor the permissions you grant, use tools to detect malicious applications and renew your mobile if it no longer receives support. Remember, of course, that you should never give out sensitive information over the phone.